The impact of culture on innovation
The culture of your organization can have a profound impact on many aspects of your innovation efforts. Braden Kelley offers a list of questions that you can use to determine how much your corporate culture either supports or hinders innovation.
Understanding the Art of Innovation Leadership
Most leaders are blind leaders of innovation. While innovation processes are useful, innovation leadership is the lost art whose conscious practice can make all the difference.
10 Open Innovation Questions for SME’s
As a follow-up to my slightly provocative blog post, Why Open Innovation is Not for Small Companies, I have begun looking further into the interesting topic on how small companies can innovate with others.
The Innovation Union and the Innovation Manager
The European Union's 'Innovation Union' initiative signals a change in how we think about innovation and the relationship between innovation, research and product or service development. In this four part series exploring the implications of the EU initiative, Haydn Shaughnessy begins by asking one of its architects, EU head of Innovation Policy, Reinhard Buescher what it means for innovation managers.
Design Thinking in new Product Development
What is design thinking's role in the new product development process? Michael Fruhling explains.
The Case for Innovation and Talent Management
As globalization of the world economy continues and accelerates, we are beginning a process of fundamental change in organizational design that will take us to configurations we cannot yet fully imagine. However, we can already see enough to identify major opportunities for organizations that want to exploit the benefits of these changes, even as they unfold.
Introducing Ynnovation
If you were to visit a Catalan village or town festivity, celebrating something like Midsummer, you may be struck by a seemingly odd scene: people dancing around a pile of ladies’ handbags, with some small kids topping the pile...
Innovation Lessons from Apple – Learn From a Modern Day Leader
In the face of increasing shifts in the world economy, and particularly increased competition across markets and company offerings, it would appear that one of the latest trends in instinctive strategic advice for companies is to become “more innovative!” Yet being more innovative is not necessarily easy. Learn more in this article by IMD professor Bill Fischer.
Creating Consistent Innovation Capability
This week InnovationManagement spoke with Jeffrey Phillips, VP Marketing and a lead consultant for OVO Innovation. Read more about his quest to permanently embed innovation management into the organizational structure of every company he works with and the reward of watching his clients continue with successful innovation initiatives on their own.
7-1/2 steps to innovation
Over the past year or so there have been more and more lists available online on how to "do innovation." Since the world is becoming extremely sound-bite driven and people are trying to perform multiple jobs simultaneously, this is probably the inevitable result. If you are charged with, or interested in approaches to delivering new value to the market, you may want to consider these following thoughts.
Launching “The Hard Copy” of Innovation Management.se
InnovationManagement.se is proud to present “The Hard Copy” a printed version of InnovationManagement.se. The magazine will feature some of the most popular articles from the online platform including some examples of the Best Practice-articles from the Innovation Management Store. The first issue of the paper magazine will be launched in February next year.
Forget your Customers and Develop Innovative Business Models!
Merely focusing on customers will not lead to groundbreaking changes in your business model. Instead, opportunities for business model innovation arise when focus is shifted to value creation for non-customers.
Changing Mental Models to Make Innovation Work
We see a lot of programs being run in companies in the name of innovation. Of course some of the large corporations need to run innovation programs for name sake. They need some window dressing for analysts and industry observers lambasting the same for not being innovative enough.
Technology Entrepreneurship for Emerging Markets – An Ecosystem Approach
Technology Entrepreneurship (TE) offers unique development opportunities for societies to educate and grow local talent, build diversity and long term economic health. GATE –Global Accelerators of Technology Entrepreneurship – is an initiative to support TE in emerging economies by leveraging the entrepreneurial ecosystems and international networks centered at US research universities.
All Successful Innovation Needs a Champion and Ownership
This is the forth part in a series of articles that take the need of innovation under the loop and share some of the imperatives, must haves if you will, to create and sustain “NEW” in business or organizations. This article focuses on the need for ownership, as all successful innovations need a champion within the organization.
Drew Boyd on Innovation Management
This week InnovationManagement spoke with Drew Boyd, recognized authority, thought leader, educator, and practitioner in the fields of innovation, persuasion and social media. Read more about his ideas on where most companies are lacking in their management of innovation and why we should create "innovation evangelists".
Fosbury’s innovative flop
Changes in our external environment can often open up new opportunties for innovation, if only we have eyes to see them. A case in point is the sport of high jumping.
Convoy Model: The Dynamic Perspective of Porter’s Cluster Model
For some 20 years, regional and city based innovation and economic development policy focused on clustering, based on Michael Porter's (1990) Competitive Advantage of Nations. However, there are still those that are doubtful about whether clusters foster economic development. In this article an alternative is proposed: the convoy model. The evidence that clusters lead to successful inter-firm regional interaction is inconclusive. Is it time for a rethink?
Collaboration and Co-Creation: Relevant For All Socio-Economic Groups
Practitioners getting acquainted with collaborative innovation frequently ask the question whether the platforms of collaboration and co-creation work better in certain sectors (finance, technology) and in specific environments (B2B, B2C). Additionally, they also wonder whether these platforms are likely to enjoy greater success with customers who have a relatively higher socio-economic status.
Five Steps to Profitable Innovation
Innovation is one of the hottest topics in business these days. More and more, companies are coming out with new products and services designed to amaze their customers and get them to dig deeper into their pocketbooks. Only problem is, most of what passes for innovation these days doesn’t stand out as very new, different or compelling. As a result, most innovation efforts are lucky to pay for themselves, much less actually turn a profit.
Johann Füller on Innovation Management
This week InnovationManagement spoke with Johann Füller, Assistant Professor at Innsbruck and CEO of Hyve AG, an innovation and community company. Read more about why he thinks innovation management itself needs some innovation and why “social innovation“ will be one of the big topics in the near future.
New book from Jeffrey Baumgartner offers unique perspectives on innovation mastery
Jeffrey Baumgartner has published a new book that aims to help managers become Innovation Masters.
Abiding the Laws… Are There Any For Innovation?
In my August 31, 2010, blog I wrote that “TRIZ" [which I introduced] indicates that every field of technology evolves in a regular way, advancing through a series of stages, always the same and in the same sequence. …
Learning How to Use Design Thinking
Thinking like a designer can transform the way you develop products, services, processes and even strategy, according to Tim Brown, CEO of IDEO. But what is design thinking? This topic was explored by 70 people in a workshop hosted by PIEp, a Swedish academia-based nationwide initiative to increase innovation capability in organizations.